Iran Real Effective Exchange Rate

1979 - 2024 | Monthly | 2005=100 | CEIC Data

Key information about Iran Real Effective Exchange Rate

  • Iran Real Effective Exchange Rate (REER: 2005=100: Month Avg: Iran) was 877.6 in Sep 2024, compared with the number of 867.7 in the previous month.
  • Iran Real Effective Exchange Rate data is updated monthly and averaged 877.6 from Jan 1979 to Sep 2024.
  • The data reached an all-time high of 877.6 in Sep 2024 and a record low of 68.2 in Aug 1992.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. The International Monetary Fund provides Real Effective Exchange Rate with base 2010=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.
  • Iran Exchange Rate against USD averaged 42,000.0 (USD/IRR) in Jun 2023.
  • View Iran's Real Effective Exchange Rate from Jan 1979 to Sep 2024 in the chart:

    Iran Real Effective Exchange Rate

    What was Iran's Real Effective Exchange Rate in Sep 2024?

    Iran Real Effective Exchange Rate (REER: 2005=100: Month Avg: Iran) was 877.6 in Sep 2024, compared with the number of 867.7 in the previous month. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    877.6 Sep 2024 867.7 Aug 2024 68.2 Aug 1992 877.6 Sep 2024 2005=100 monthly Jan 1979 - Sep 2024

    Real Effective Exchange Rate by Country Comparison

    country/region Last Frequency Range
    Algeria (2005=100) 105.2 Sep 2024 monthly Jan 1994 - Sep 2024
    Argentina (2005=100) 52.0 Oct 2024 monthly Jan 1997 - Oct 2024
    Armenia (2005=100) 233.3 Aug 2024 monthly Jan 1997 - Aug 2024
    Australia (2005=100) 105.0 Sep 2024 monthly Jan 1994 - Sep 2024
    Austria (2005=100) 103.2 Oct 2024 monthly Jan 1993 - Oct 2024
    Azerbaijan (2005=100) 146.7 Sep 2024 monthly Jan 2005 - Sep 2024
    Bahrain (2005=100) 94.3 Sep 2024 monthly Jan 1980 - Sep 2024
    Bangladesh (2015-2016=100) 102.0 2023 yearly 2011 - 2023
    Belarus (2005=100) 101.0 Dec 2014 monthly Jan 1996 - Dec 2014
    Belgium (2005=100) 102.7 Oct 2024 monthly Jan 1993 - Oct 2024
    Bolivia (2005=100) 53.3 Aug 2024 monthly Jan 1991 - Aug 2024
    Bosnia and Herzegovina (2005=100) 96.1 Jul 2024 monthly Jan 2005 - Jul 2024
    Botswana (Dec2018=100) 97.1 Aug 2023 monthly Dec 2009 - Aug 2023
    Brazil (2005=100) 81.6 Aug 2024 monthly Jan 1988 - Aug 2024
    Bulgaria (2005=100) 129.8 Sep 2024 monthly Jan 1993 - Sep 2024
    Canada (2005=100) 90.8 Sep 2024 monthly Jan 1999 - Sep 2024
    Chile (2005=100) 109.9 Sep 2024 monthly Jan 1986 - Sep 2024
    China (2005=100) 135.1 Sep 2024 monthly Jan 1994 - Sep 2024
    Colombia (2005=100) 116.6 Sep 2024 monthly Jan 1990 - Sep 2024
    Croatia (2005=100) 102.7 Oct 2024 monthly Jan 1993 - Oct 2024
    Cyprus (2005=100) 92.1 Oct 2024 monthly Jan 1993 - Oct 2024
    Czech Republic (2005=100) 152.4 May 2023 monthly Jan 1995 - May 2023
    Denmark (2005=100) 97.3 Sep 2024 monthly Jan 1970 - Sep 2024
    Ecuador (2007=100) 110.3 Nov 2017 monthly Jan 2011 - Nov 2017
    Estonia (2005=100) 143.1 Oct 2024 monthly Jan 1993 - Oct 2024
    European Union (2005=100) 91.8 Oct 2024 monthly Jan 1993 - Oct 2024
    Finland (2005=100) 94.0 Oct 2024 monthly Jan 1993 - Oct 2024
    France (2005=100) 90.5 Oct 2024 monthly Jan 1993 - Oct 2024
    Georgia (2005=100) 132.7 Sep 2024 monthly Dec 1995 - Sep 2024
    Germany (2005=100) 94.9 Oct 2024 monthly Jan 1993 - Oct 2024
    Ghana (2005=100) 60.8 Sep 2024 monthly Dec 1979 - Sep 2024
    Greece (2005=100) 94.1 Oct 2024 monthly Jan 1993 - Oct 2024
    Hong Kong SAR, China (2005=100) 106.9 Sep 2024 monthly Jan 1994 - Sep 2024
    Hungary (2005=100) 100.5 Jul 2024 monthly Jan 1990 - Jul 2024
    Iceland (2005=100) 88.6 Sep 2024 monthly Jan 1979 - Sep 2024
    India (2005=100) 115.6 Sep 2024 monthly Apr 2004 - Sep 2024
    Indonesia (2005=100) 113.2 Sep 2024 monthly Jan 1994 - Sep 2024
    Iran (2005=100) 877.6 Sep 2024 monthly Jan 1979 - Sep 2024
    Ireland (2005=100) 83.0 Oct 2024 monthly Jan 1993 - Oct 2024
    Israel (2005=100) 120.3 Sep 2024 monthly Jan 1994 - Sep 2024
    Italy (2005=100) 94.5 Jun 2023 monthly Jan 1993 - Jun 2023
    Ivory Coast (2005=100) 99.5 Sep 2024 monthly Dec 1979 - Sep 2024
    Japan (2005=100) 57.6 Sep 2024 monthly Jan 1970 - Sep 2024
    Kazakhstan (2005=100) 99.7 Jul 2024 monthly Jan 1995 - Jul 2024
    Kenya (2005=100) 73.5 Aug 2015 monthly Oct 1997 - Aug 2015
    South Korea (2005=100) 82.4 Sep 2024 monthly Jan 1994 - Sep 2024
    Kosovo (Jan2007=100) 118.2 Sep 2024 monthly Dec 2006 - Sep 2024
    Kyrgyzstan (2005=100) 141.1 Sep 2024 monthly Jan 2000 - Sep 2024
    Latvia (2005=100) 130.9 Oct 2024 monthly Jan 1993 - Oct 2024
    Lithuania (2005=100) 131.2 Oct 2024 monthly Jan 1993 - Oct 2024
    Luxembourg (2005=100) 97.9 Oct 2024 monthly Jan 1993 - Oct 2024
    North Macedonia (2005=100) 111.5 May 2023 monthly Jan 1993 - May 2023
    Malawi (2010=100) 86.6 Sep 2024 monthly Dec 1979 - Sep 2024
    Malaysia (2005=100) 92.6 Sep 2024 monthly Jan 1994 - Sep 2024
    Malta (2005=100) 97.0 Oct 2024 monthly Jan 1993 - Oct 2024
    Mexico (2005=100) 99.3 Aug 2024 monthly Jan 1968 - Aug 2024
    Moldova (2005=100) 229.6 Sep 2024 monthly Nov 1993 - Sep 2024
    Mongolia (2005=100) 121.5 Aug 2024 monthly Jan 2000 - Aug 2024
    Morocco (2005=100) 94.2 Sep 2024 monthly Jan 1988 - Sep 2024
    Netherlands (2005=100) 98.2 Oct 2024 monthly Jan 1993 - Oct 2024
    New Zealand (2005=100) 98.1 Sep 2024 monthly Jan 1984 - Sep 2024
    Nigeria (2005=100) 73.6 Sep 2024 monthly Dec 1979 - Sep 2024
    Norway (2005=100) 73.0 Sep 2024 monthly Jan 1994 - Sep 2024
    Pakistan (2010=100) 98.8 Dec 2023 monthly Jan 2013 - Dec 2023
    Paraguay (2005=100) 71.4 Sep 2024 monthly Jan 1995 - Sep 2024
    Peru (2005=100) 93.9 Sep 2024 monthly Jan 1991 - Sep 2024
    Philippines (2005=100) 138.1 Oct 2024 monthly Jan 1993 - Oct 2024
    Poland (2005=100) 115.8 Sep 2024 monthly Jan 1994 - Sep 2024
    Portugal (2005=100) 93.9 Oct 2024 monthly Jan 1993 - Oct 2024
    Romania (2005=100) 113.5 Sep 2024 monthly Jan 1994 - Sep 2024
    Russia (2005=100) 95.8 Sep 2024 monthly Jan 1994 - Sep 2024
    Saudi Arabia (2005=100) 123.8 Sep 2024 monthly Jan 1994 - Sep 2024
    Serbia (2005=100) 143.7 Sep 2024 monthly Jan 2002 - Sep 2024
    Singapore (2005=100) 136.8 Sep 2024 monthly Jan 1994 - Sep 2024
    Slovakia (2005=100) 139.6 Oct 2024 monthly Jan 1993 - Oct 2024
    Slovenia (2005=100) 100.8 Oct 2024 monthly Jan 1993 - Oct 2024
    South Africa (2005=100) 89.0 Jul 2024 monthly Jan 1970 - Jul 2024
    Spain (2005=100) 96.6 Oct 2024 monthly Jan 1993 - Oct 2024
    Sri Lanka (2017=100) 71.9 Sep 2024 monthly Jan 2013 - Sep 2024
    Sweden (2005=100) 79.5 Sep 2024 monthly Jan 1994 - Sep 2024
    Switzerland (2005=100) 115.3 Oct 2024 monthly Jan 1973 - Oct 2024
    Taiwan (2005=100) 90.5 Sep 2024 monthly Jan 1994 - Sep 2024
    Thailand (2005=100) 123.6 Sep 2024 monthly Jan 1994 - Sep 2024
    Tunisia (2005=100) 84.5 Sep 2024 monthly Jan 1979 - Sep 2024
    Turkey (2005=100) 55.7 Sep 2024 monthly Jan 1994 - Sep 2024
    Ukraine (2005=100) 82.1 Sep 2024 monthly Dec 1992 - Sep 2024
    United Arab Emirates (2005=100) 124.0 Sep 2024 monthly Jan 1994 - Sep 2024
    United Kingdom (2005=100) 89.2 Sep 2024 monthly Jan 1994 - Sep 2024
    United States (Jan2006=100) 117.2 Oct 2024 monthly Jan 2006 - Oct 2024
    Uruguay (2005=100) 46.8 Sep 2024 monthly Jan 2000 - Sep 2024
    Venezuela (2005=100) 0.8 Feb 2019 monthly Jan 1994 - Feb 2019
    Zambia (2005=100) 120.8 Jul 2024 monthly Jan 2013 - Jul 2024

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    Iran Key Series

    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) -4.3 Mar 2021 quarterly Mar 2006 - Mar 2021
    Consolidated Fiscal Balance (USD mn) -13,054.478 Mar 2020 quarterly Jun 2005 - Mar 2020
    Tax Revenue (USD mn) 77,585.714 2021 yearly 1996 - 2021
    Tax Revenue: % of GDP (%) 4.9 2021 yearly 1996 - 2021
    Government Debt: % of GDP (%) 7.5 Dec 2023 quarterly Mar 1998 - Dec 2023
    Forecast: Government Expenditure (IRR bn) 102,170,609.775 2030 yearly 1991 - 2030
    Forecast: Government Net Debt (IRR bn) 254,852,164.063 2030 yearly 1997 - 2030
    Forecast: Government Revenue (IRR bn) 85,465,973.079 2030 yearly 1991 - 2030
    Govt Revenues excl Special Rev: Tax: on Goods & Services: Value Added (IRR bn) 813,300.000 2022 yearly 2009 - 2022
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) -0.334 2028 yearly 1980 - 2028
    Trade Balance (USD mn) 32,176.0 2023 yearly 1948 - 2023
    Total Exports (USD mn) 98,207.0 2023 yearly 1948 - 2023
    Total Exports Growth (%) 0.4 2023 yearly 1949 - 2023
    Aluminum: Exports (USD th) 965,315.701 2023 yearly 1995 - 2023
    Exports: Medicament (USD th) 74,489.339 2022 yearly 1995 - 2022
    Exports: Medicinal and Pharmaceutical Product (USD th) 118,020.140 2022 yearly 1995 - 2022
    Total Imports (USD mn) 60,308.7 2023 yearly 1979 - 2023
    Total Imports Growth (%) 13.8 2023 yearly 1980 - 2023
    Imports: Medicament (USD th) 983,181.900 2022 yearly 1995 - 2022
    Imports: Medicinal and Pharmaceutical Product (USD th) 737,849.362 2022 yearly 1995 - 2022
    Total Exports to USA (USD mn) 0.031 Jul 2024 monthly Feb 2016 - Jul 2024
    Total Imports from USA (USD mn) 13.566 Jul 2024 monthly May 2001 - Jul 2024
    Total Exports to China (USD mn) 317.919 Jul 2024 monthly Dec 1990 - Jul 2024
    Total Imports from China (USD mn) 825.983 Jul 2024 monthly Jan 1981 - Jul 2024
    Exports (USD mn) 54,139.404 2023 yearly 1979 - 2023
    Exports: Industrial Goods (IG) (USD mn) 42,828.000 2022 yearly 1979 - 2022
    Exports: IG: Plastic Materials and Their Products (USD mn) 6,321.000 2022 yearly 2002 - 2022
    Exports: Iraq (USD mn) 7,448.430 2021 yearly 1995 - 2021
    Exports: Germany (USD mn) 233.060 2021 yearly 1995 - 2021
    Exports: United Arab Emirates (USD mn) 4,661.620 2021 yearly 1995 - 2021
    Exports: China (USD mn) 9,077.120 2021 yearly 1995 - 2021
    Exports: Russia (USD mn) 504.580 2021 yearly 1995 - 2021
    Imports: Chemicals (USD mn) 7,802.000 2022 yearly 1979 - 2022
    Imports: Foodstuffs and Live Animals (FA) (USD mn) 11,680.000 2022 yearly 1979 - 2022
    Imports: Miscellaneous Finished Products (MF) (USD mn) 1,592.000 2022 yearly 1979 - 2022
    Imports: Mineral Products, Fuels, Industrial Oils and Grease (MP) (USD mn) 850.000 2022 yearly 1979 - 2022
    Imports: Machinery and Transportation Vehicles (MT) (USD mn) 18,854.000 2022 yearly 1979 - 2022
    Imports: Natural Gas (Cub m bn) 0.300 2021 yearly 1974 - 2021
    Imports: China (USD mn) 9,843.010 2021 yearly 1995 - 2021
    Imports: Germany (USD mn) 1,851.170 2021 yearly 1995 - 2021
    Imports: United Arab Emirates (USD mn) 9,757.790 2021 yearly 1995 - 2021
    Imports: Turkey (USD mn) 4,400.090 2021 yearly 1995 - 2021
    Imports: Russia (USD mn) 1,070.260 2021 yearly 1995 - 2021
    Export Value Index (2015=100) 101.950 2021 yearly 1980 - 2021
    Import Value Index (2015=100) 108.993 2021 yearly 1980 - 2021
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 156.0 2018 yearly 1997 - 2018
    Current Account Balance (USD mn) 14,204.8 2023 yearly 1997 - 2023
    Current Account Balance: % of GDP (%) 0.6 2023 yearly 1997 - 2023
    Foreign Direct Investment (USD mn) 838.3 2021 yearly 1997 - 2021
    Foreign Direct Investment: % of GDP (%) 0.1 2021 yearly 1997 - 2021
    Foreign Portfolio Investment (USD mn) 45.600 2021 yearly 1997 - 2021
    Foreign Portfolio Investment: % of GDP (%) 0.0 2021 yearly 1997 - 2021
    External Debt (USD mn) 6,281.7 2023 yearly 1994 - 2023
    External Debt: % of GDP (%) 0.3 2023 yearly 1994 - 2023
    External Debt: Short Term (USD mn) 1,792.1 2023 yearly 1994 - 2023
    External Debt: Short Term: % of GDP (%) 0.1 2023 yearly 1994 - 2023
    Forecast: Current Account Balance (USD bn) 17.997 2029 yearly 1980 - 2029
    BoP: CA: Goods (USD mn) 22,246.787 2023 yearly 1998 - 2023
    BoP: CA: Services (USD mn) -6,691.163 2023 yearly 1998 - 2023
    BoP: CA: Income (USD mn) -1,053.243 2023 yearly 1998 - 2023
    BoP: CA: Income: Credit (USD mn) 1,276.200 2022 yearly 1998 - 2022
    BoP: CA: Income: Debit (USD mn) 1,770.800 2022 yearly 1998 - 2022
    BoP: CA: Current Transfers (USD mn) -297.584 2023 yearly 1998 - 2023
    BoP: CA: Current Transfers: Debit (USD mn) 387.400 2022 yearly 1998 - 2022
    BoP: CA: Current Transfers: Credit (USD mn) 1,540.830 2022 yearly 1998 - 2022
    BoP: CA: CF: Capital Account: Credit (USD mn) 0.000 2022 yearly 1998 - 2022
    BoP: CA: CF: Capital Account: Debit (USD mn) -7,544.000 2022 yearly 1998 - 2022
    BoP: CA: Errors and Omissions (USD mn) 4,897.120 2023 yearly 1998 - 2023
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 8.3 Dec 2023 monthly Jan 2011 - Dec 2023
    Money Supply M1 (USD mn) 48,364.746 Jun 2024 monthly Dec 1999 - Jun 2024
    Money Supply M2 (USD mn) 211,714.780 Jun 2024 monthly Dec 1999 - Jun 2024
    M2 Growth (%) 26.8 Jun 2024 monthly Dec 2000 - Jun 2024
    Reserve Requirement Ratio (%) 10.0 May 2024 monthly Mar 2008 - May 2024
    Total Deposits (USD mn) 359,949.521 2022 yearly 1973 - 2022
    Total Deposits Growth (%) 67.2 2022 yearly 1974 - 2022
    Domestic Credit (USD mn) 276,897.2 Feb 2017 monthly Jan 1964 - Feb 2017
    Domestic Credit Growth (%) 25.8 Feb 2017 monthly Jan 1965 - Feb 2017
    Total Loans (USD mn) 236,845.352 2016 yearly 1967 - 2016
    Total Loans Growth (%) 23.00 2016 yearly 1968 - 2016
    Private Debt: % of Nominal GDP (%) 60.30 2016 yearly 1961 - 2016
    Money Supply: Monetary Base (IRR bn) 11,130,300.000 Jun 2024 monthly Dec 1999 - Jun 2024
    Money Supply: M2: Quasi Money (IRR bn) 63,003,300.000 Jun 2024 monthly Dec 1999 - Jun 2024
    Money Supply: M2: M1 (IRR bn) 19,084,100.000 Jun 2024 monthly Dec 1999 - Jun 2024

    More Indicators for Iran

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